Question

the price of a t. v set worth rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each. if the rate of interest be 6%per annum and first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be​

Answer 1

Answer:

Step-by-step explanation:

Answer: Hope it helps

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Money paid in cash = Rs. 1000.

Balance payment = Rs. (20000 – 1000) = Rs. 19000.

Answer 2

Answer:

Rs. 19000

Step-by-step explanation:

Money paid in cash =Rs.1000

Balance payment =Rs.(20000−1000)=Rs.19000

HOPE IT IS HELPFUL